VietNamNet Bridge – Vietnam’s pace of borrowing foreign loans and raising capital from government bonds this year is higher compared with the corresponding period of recent years. According to the Finance Ministry’s latest report, by the end of September 2016 the Vietnamese government mobilized more than $11 billion through issuing government bonds, equivalent to nearly 89% of the goal set for 2016. In the past nine months, Vietnam also signed a new loan agreement with France worth $58.4 million, bringing the total amount of foreign loans during this time to around $4.88 billion. Generally, foreign debt and capital raised from government bonds during this period totals $16 billion, nearly double the figure of $8 billion of the same period last year. In 2016 Vietnam plans to borrow about $20 billion to balance the budget. The Ministry of Finance said by September 25, the government paid debt of nearly $7.9 billion, including $6.2 billion for domestic debt and the … [Read more...] about VN government borrows US$16 billion in 9 months

PANO - All provinces and cities nationwide have been engaged in the Traffic Safety Month Program 2010 with the theme "Traffic Culture - For Safety of Youth, Children and Community", said Nguyen Trong Thai, Vice Chief of the National Traffic Safety Committee.
According to Ho Nghia Dung, Minister of Transport Ministry and Chief of the National Traffic Safety Committee, the ongoing program focuses on youth and teenagers because they compose the high risk group that causes the most traffic accidents. During the program, various activities will be launched to raise awareness on traffic safety and develop traffic culture in the community.
More than 1,500 officials of Hanoi city and the ministry, policemen, youth union members and young volunteers took part in the launching ceremony of the program. The program will be in gear from now to the end of this year, making contributions to the national events including the 1000th anniversary of Thang Long Hanoi.
On the occasion, the National … [Read more...] about Traffic Safety Month Program launched